Italy, a Schengen state, attracts millions of tourists every year because of its fascinating culture, natural landscapes, artistic sites, and renowned cuisine.
Travelers from Pakistan are required to get a short-term Schengen Visa to enter Italy for tourism purposes. They can lodge the application for a Schengen visa at the Consulate of the country that he/she intends to visit.
If you intend to visit several Schengen States and the stays will be of equal length, you must apply at the Consulate of the country whose external borders you will cross first when entering the Schengen area.
The Schengen Area currently consists of 27 member countries. All of these countries, which are located in Europe, include Austria, Belgium, Czech Republic, Croatia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.
There are multiple requirements placed by the Schengen States to grant the tourist visa. Here, we have gathered details regarding minimum bank statement for the Italy Schengen visa.
The bank statement, a document that shows you have sufficient financial resources for your stay in any Schengen country. It should be no more than 30 days old.
Minimum Bank Balance For Italy Schengen Visa
Following is the minimum daily required amount for bearing expense of stay in Italy. An applicant is required to show the amount enough for the days he/she intends to spend there:
| Country | Daily Required Amount |
|---|---|
| Italy | EUR 296.60 (for stays of 1 to 5 days), EUR 44.93 (for stays of 6 to 10 days), EUR 51.64 and EUR 36.67 (daily sum per person) (for stays of 11 to 20 days), or EUR 206.58 and EUR 27.89 (daily sum per person) (for stays of more than 20 days) |
As of March 1, 2024, one Euro is equal to Rs292.49. It means you need to have around Rs244,726 in your bank account if your stay is for 30 days in Italy.
